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You are here:
Home Massachusetts Springfield Multi-Family Homes for Sale

57 Pearl Street Springfield, MA 01105
Contingent
16 Photos
$269,900
2 Unit
4 Beds
2 Baths
3278 SQFT
0.22 Acre
57 Pearl Street
Springfield, MA 01105
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Property Description

INVESTORS TAKE NOTICE! This historic mixed-use building in downtown Springfield has been REZONED and UPGRADED with brand-new windows throughout, updated plumbing, new heating systems for both floors, and a brand-new hot water heater. The first floor features a versatile commercial space, perfect for retail, office, or business use, offering high visibility and foot traffic. Upstairs, a spacious residential apartment with a separate entrance presents rental income potential or owner-occupancy. This property is move-in ready and just needs the final creative touches from a savvy investor. Don’t miss out on this INCREDIBLE INVESTMENT OPPORTUNITY in a prime location close to shops, restaurants and public transportation!
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Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Total Fireplaces: 1
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Interior Access
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Appliances: Range, Refrigerator
  • Common Heating: Central Heat, Electric, Electric Baseboard, Forced Air, Hot Water Radiators, Oil, Radiant, Space Heater, Steam
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Gross Operating Income: 42840
  • Net Operating Income: 42840

Utilities

  • Heat Zones: 2
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1850
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73298342
  • Last Updated: 12/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/19/2024Contingent$269,900MLSPIN
12/19/2024Contingent$269,900$82MLSPIN
12/09/2024Active$269,900$82MLSPIN
12/09/2024Active$269,900MLSPIN
12/05/2024Back on Market$269,900MLSPIN
12/05/2024Back on Market$269,900$82MLSPIN
11/25/2024Under Agreement$269,900$82MLSPIN
11/25/2024Under Agreement$269,900MLSPIN
11/11/2024Contingent$269,900MLSPIN
11/11/2024Contingent$269,900$82MLSPIN
11/08/2024Active$269,900MLSPIN
11/08/2024Active$269,900$82MLSPIN
11/04/2024Back on Market$269,900$82MLSPIN
11/04/2024Back on Market$269,900MLSPIN
10/23/2024Under Agreement$269,900$82MLSPIN
10/23/2024Under Agreement$269,900MLSPIN
10/09/2024Contingent$269,900$82MLSPIN
10/09/2024Contingent$269,900MLSPIN
10/08/2024Active$269,900MLSPIN
10/07/2024Active$269,900$82MLSPIN
10/04/2024New$269,900MLSPIN
10/03/2024New$269,900$82MLSPIN
08/11/2022Sold$185,000$38MLSPIN
06/06/2022Under Agreement$225,000$46MLSPIN
05/09/2022Active$225,000$46MLSPIN
05/05/2022Extended$225,000$46MLSPIN
03/22/2022Active$225,000$46MLSPIN

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Map & Resources

Libertas Academy Charter School

Charter School, Grades: 6-11

0.14mi

Springfield Technical Community College

University

0.27mi

Cambridge College Springfield

University

0.34mi

Conservatory of the Arts

Public Middle School, Grades: 6-12

0.35mi

The Springfield Virtual School

Public School, Grades: PK-12

0.37mi

Your Educational Success Academy

Special Education, Grades: K-12

0.38mi

North Star Academy School

School

0.39mi

Gateway to College at Springfield Technical Community College

Public Secondary School, Grades: 9-12

0.4mi

Deweys

Bar

0.28mi

Smith's Billiards

Bar

0.3mi

White Lion Brewery

Bar

0.36mi

Commonwealth Bar and Lounge

Bar

0.45mi

Knox Bar

Bar

0.47mi

TAP Sports Bar

Bar

0.51mi

The Plaza Bar

Bar

0.54mi

Blake House Cafe

Cafe

0.13mi

Dakin Humane Society

Animal Shelter

0.5mi

Mercy Medical Center

Hospital

0.58mi

Shriners Hospitals for Children - Springfield

Hospital. Speciality: Paediatric Orthopaedics

0.99mi

Baystate Medical Center

Hospital

1.17mi

Vibra Hospital of Western Massachusetts

Hospital

2.16mi

Springfield Fire Department

Fire Station

0.11mi

Springfield Fire Department

Fire Station

1.16mi

Springfield Fire Department

Fire Station

1.25mi

Springfield Fire Department

Fire Station

1.68mi

Lyman and Merrie Wood Museum of Springfield History

Museum

0.11mi

Springfield Science Museum

Museum

0.13mi

The Amazing World of Dr. Seuss Museum

Museum

0.15mi

Michele & Donald D'Amour Museum of Fine Arts

Museum

0.18mi

George Walter Vincent Smith Art Museum

Museum

0.19mi

Springfield Armory Museum

Museum

0.28mi

Naismith Memorial Basketball Hall of Fame

Museum

0.85mi

Josiah Day House Museum

Museum

1.6mi

MassMutual Center Ice Rink

Sports Centre. Sports: Ice Hockey, Basketball

0.29mi

YMCA of Greater Springfield

Sports Centre

0.35mi

Archie Allen Baseball Field - Ability Field

Sports Centre. Sports: Baseball

1.48mi

Appleton Tennis Courts

Sports Centre. Sports: Tennis

1.57mi

Blake Arena

Sports Centre. Sports: Basketball

1.64mi

James Naismith Court

Sports Centre. Sports: Basketball

1.66mi

Stagg Field

Sports Centre. Sports: American Football

1.67mi

Art Linkletter Natatorium

Sports Centre. Sports: Swimming

1.7mi

Abbey Brook Extension

Nature Reserve

1.72mi

Armoury Commons

Municipal Park

0.04mi

Quadrangle-Mattoon Street Historic District

Park

0.09mi

Springfield Armory National Historic Park

National Park

0.13mi

Downtown Springfield Railroad District

Park

0.18mi

Stearns Square

Park

0.23mi

Merrick Park

Municipal Park

0.23mi

Steiger Park

Park

0.27mi

Lincoln Street School Playground

Playground

1.31mi

Thomas St. Playground

Playground

1.39mi

Winchester Square

Recreation Ground

1.19mi

Eastern States Expo Fairground

Recreation Ground

1.45mi

Sprigfield Yacht & Canoe Club

Recreation Ground

1.8mi

TAP Bowling & Arcade

Bowling Alley

0.52mi

BSW Beauty Supply

Beauty

1.16mi

Pretty Nails

Nails

1.16mi

Towne Student Health Center

Doctors

1.44mi

Sunoco

Gas Station

1.04mi

Roady's Truck Stops

Gas Station

1.08mi

Cumberland Farms

Gas Station

1.54mi

Cumberland Farms

Gas Station

1.67mi

Springfield History Library & Archives

Library

0.12mi

Tower Square Mall

Mall

0.41mi

Bob’s Discount Furniture

Furniture

0.91mi

Save-A-Lot

Supermarket

1.04mi

Big Y

Supermarket

1.2mi

PriceRite

Supermarket

1.31mi

Food Zone

Supermarket

1.68mi

Big Lots

Department Store

1.28mi

Asian Start Grocery

Convenience

1.22mi

Seller's Representative: Kelley & Katzer Team, Kelley & Katzer Real Estate, LLC
MLS ID#: 73298342

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-19 08:16:00

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